Hi,
I’m just wondering what are the best indicators / candlestick patterns / charting TA to look for when a support bounce occurs after a significant dip.
I was in short positions on both Sunday and Monday during the big BTC correction and obviously there were points where they were significantly in profit. However, I held on too long and closed after the bounce. I still took profit but feel I could’ve “taken the meat of the trade” a lot better.
What do you guys look for? I guessing this is perhaps best done using the 1m (or similar short timeframe) and looking for a big green bottom wick with large incoming volume or something?
Thanks
I don't apply TA when I do day trade activity, as long as I know I could a nice profit in the exchange I don't care about the TA.
And besides, it is not accurate as well to say that it can give a high profit to each traders here in crypto space. Aside from that, if I found out that there is a big pump surely I will buy before it happens.
